FARTCOIN Liquidated Long: $68.3K at $0.870
A major long position has been liquidated at $0.870, signaling potential market volatility. This move indicates strong selling pressure, pushing the price downward.
Key Levels to Watch:
Resistance: $0.870 – The price may struggle to break above this level due to recent sell pressure.
Support: $0.820 – If this level holds, it could act as a bounce point for buyers.
Next Move: Buy or Sell?
Sell if: The price breaks below $0.820, as this could signal further bearish momentum.
Buy if: The price consolidates and shows strength above $0.820, targeting a recovery back to $0.870.
Pro Tip: Use tight stop-losses to minimize risk in this volatile market. Monitor trading volume for confirmation of any breakout or breakdown.
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